By giving a look at function transaction it does its process inside a try/catch block

public function transaction(Closure $callback)
{
$this->beginTransaction();
// We'll simply execute the given callback within a try / catch block
// and if we catch any exception we can rollback the transaction
// so that none of the changes are persisted to the database.
try
{
$result = $callback($this);
$this->commit();
}
// If we catch an exception, we will roll back so nothing gets messed
// up in the database. Then we'll re-throw the exception so it can
// be handled how the developer sees fit for their applications.
catch (\Exception $e)
{
$this->rollBack();
throw $e;
}

So throws an Exception (after the rollback) if fails or returns $result, which is the result of your callback